ETV Bharat / business

NCLAT asks RCom to approach NCLT for refund of Rs 577 crore from Ericsson

author img

By

Published : Sep 18, 2019, 5:02 PM IST

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.

Anil Ambani

New Delhi: The NCLAT on Wednesday directed resolution professional of Reliance Communications to raise demand for Rs 577 crore paid to Swiss telecom gear maker Ericsson before the NCLT-Mumbai.

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.

A two-member National Company Law Appellate Tribunal (NCLAT) bench headed by Chairperson Justice S J Mukhopadhaya asked the Resolution Professional to file the claims before the NCLT.

"We are not inclined to take this interim Application…," said the NCLAT.

RCom has paid Rs 577 crore on the direction of the Supreme Court.

Read more: Railway employees to get 78 days wage as bonus

New Delhi: The NCLAT on Wednesday directed resolution professional of Reliance Communications to raise demand for Rs 577 crore paid to Swiss telecom gear maker Ericsson before the NCLT-Mumbai.

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.

A two-member National Company Law Appellate Tribunal (NCLAT) bench headed by Chairperson Justice S J Mukhopadhaya asked the Resolution Professional to file the claims before the NCLT.

"We are not inclined to take this interim Application…," said the NCLAT.

RCom has paid Rs 577 crore on the direction of the Supreme Court.

Read more: Railway employees to get 78 days wage as bonus

Intro:Body:Conclusion:
ETV Bharat Logo

Copyright © 2024 Ushodaya Enterprises Pvt. Ltd., All Rights Reserved.